I Had Fun Today...

#1
Today I had fun at my local casino...:cool:

I know that they suspected me if being a card counter because on my numerous visits they only overlooked "MY" hands and constantly discussed it with the other pit-bosses, I was on the verge of getting kicked out at any hand...so here's what I did today.

I went to the casino with 7000$ and put out 500$ and asked for purple($500). I then played the $500 all the way into $15000 :eek: FLAT BETTING ($500 a hand), it was a insane win-streak.

During my session..."EVERY ONE" of the pit bosses(6 of them) were staring at me every hand I played and 5 security guards were overlooking my table..(Small casino, I was the biggest better in the entire casino then..)

At 15k I stood up, tipped the dealer $250 and cashed out 9900(To avoid a CTR) and kept the rest in chips.

Fun day...Maybe they won't suspect me if being a counter anymore..LOL
 
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EasyRhino

Well-Known Member
#2
That probably was pretty damn fun.

Also sounds kind of expensive. If you flat betted and had an equivalent of $30,000 in action, it would have cost around $150 in -EV. Plus the $250 tip, I hope your play can recoup the $400.
 
#3
Hmmmm

Bigvick said:
Today I had fun at my local casino...:cool:

I know that they suspected me if being a card counter because on my numerous visits they only overlooked "MY" hands and constantly discussed it with the other pit-bosses, I was on the verge of getting kicked out at any hand...so here's what I did today.

I went to the casino with 7000$ and put out 500$ and asked for purple($500). I then played the $500 all the way into $15000 :eek: FLAT BETTING ($500 a hand), it was a insane win-streak.

During my session..."EVERY ONE" of the pit bosses(6 of them) were staring at me every hand I played and 5 security guards were overlooking my table..(Small casino, I was the biggest better in the entire casino then..)

At 15k I stood up, tipped the dealer $250 and cashed out 9900(To avoid a CTR) and kept the rest in chips.

Fun day...Maybe they won't suspect me if being a counter anymore..LOL
I think I have heard it all now :laugh: Congrats on the streak.

Vic, you do have a crazy side, I like it....dangerous though :cool:

CP
 

Dyepaintball12

Well-Known Member
#6
EasyRhino said:
That probably was pretty damn fun.

Also sounds kind of expensive. If you flat betted and had an equivalent of $30,000 in action, it would have cost around $150 in -EV. Plus the $250 tip, I hope your play can recoup the $400.
He won $15,000 and your worried about the $400??
 

MartyAce

Well-Known Member
#8
Where do I sign-up for that short-term variance?

LOL, what a huge boost to a bankroll to get lucky like that. I wish it could come that easy to me, but then again I wouldn't try that.
 
#14
Blue Efficacy said:
No sense in worrying about something that should have happened that didn't.
But it is realistic to worry about the future... what if he trys this again? Good job with skyrocketing that br but you took a huge risk... dont do it again:laugh::joker:
 

Kasi

Well-Known Member
#15
shadroch said:
Instead of a CTR, you more than likely triggered an SAR. Great move.
Hope you're sitting down....

Don't let it frighten you.......

But.........


exactly what I was thinking :grin:
 

bj bob

Well-Known Member
#16
sar?

shadroch said:
Instead of a CTR, you more than likely triggered an SAR. Great move.
I don't see how an SAR would come into play here. If he only presented $500 in cash total (assuming he didn't flash the rest of his BR), the house would only be aware of that amount. The rest of the money was the house's. Where's the suspicious source?
 

EasyRhino

Well-Known Member
#17
On the cashout side, going up the the cashier and presenting $9900 in cash could look like "structuring" transactions to fit under a CTR threshold. Which, in actuality, it was. Buying repeated money orders a day totalling under $3000 each time would also trigger a SAR if the merchant is on the ball, for instance.

I am far from a lawyer, but since the money was from honest gambling, I wouldn't think there would be a real problem, but I wouldn't recommend making a habit of it.

...Might be a good idea to completely report all gambling winnings on your taxes this year.
 

Sonny

Well-Known Member
#18
EasyRhino said:
Buying repeated money orders a day totalling under $3000 each time would also trigger a SAR if the merchant is on the ball, for instance.
It would also trigger an MTR (Multiple Transaction Report) in order to keep track of the cumulative total purchases. A casino MTR doesn't require you to give any personal info (although they usually ask) and some casinos will issue one for any amount over $2k or $3k. If you refuse ID you will definitely get a SAR along with that MTR. Neither one should be a cause for great concern but you should be aware that they should have been filed.

-Sonny-
 

FLASH1296

Well-Known Member
#19
A Pro friend purposely makes sure that he makes CASH transactions at banks that are OVER $10,000 in order to generate C.T.R.'s. He has nothing to hide as he pays his taxes in full. He earns a legit 200+ K per annum. He played a lot of purple off the top action - before he was universally backed-off.

There is no reason to fear C.T.R.'s unless you are a drug dealer, an arms dealer, a smuggler, an organized crime figure, etc.

I generated many casino C.T.R.'s in the late 80's and early 90's and was never audited by the I.R.S.
 

ortango

Well-Known Member
#20
Wow, do I have to be the one to be completely honest? If he's tried this once, it is extremely likely that he will continue to do this, especially if people congratulate his short term luck. Let's say what we all feel. Stop this unless you want to become a losing player. If you have a $2 mil bankroll and you can actually afford this cover play, my apologies.

Yes, I had a run like that too. The first time I ever played: $40 to $2100. But that was way before counting and the worst thing to tell someone like that is how good that was for them. Sorry to be the party pooper.
 
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